The BIN serves as a unique verification key, issued by the Assessing Officer (AO) to the corresponding Drawing and Disbursing Officer (DDO). It must be accurately filled in the TDS/TCS statement to align with the BIN view.
Government deductors are required to quote the BIN when reporting TDS without payment through bank challans. BIN is integral to the TDS process, requiring monthly submission of Form 24G by deductors.
After submission to the DDO, a unique BIN is generated, mandatory for government deductors reporting TDS via bank challans. It must be included in quarterly TDS statements to avoid return rejection.
You can contact the concerned AO to understand BIN view details. Alternatively, you can visit the online portal of the Tax Information Network and access the relevant details.
Follow the steps mentioned here to view BIN details:
Visit the Tax Information Network (TIN) portal
Select the BIN verification link to access the ‘BIN View’ page
Enter the correct Tax Deduction Account Number (TAN), AIN (Account Information Number) details, and mention the nature of the payment
Choose the period range of filing Form 24G
Key in the right captcha code
Click on the ‘View Bin Details’ tab
Note that you may be provided with several options under the ‘Nature of Payment’ tab. You can choose a specific form type to check or view your BIN status here.
However, if you require BIN details for all forms simultaneously, simply choose that option from the menu. Remember that furnishing the BIN in the TDS process is extremely critical; otherwise, it could result in the rejection of your TDS returns.
Your BIN is a unique identification number containing the following elements:
Receipt number
DDO Serial Number
Date
The receipt number contains seven digits and is generated specifically for each Form 24G statement. Remember that this unique number is accepted centrally at TIN. The DDO number is another unique number containing five digits.
This number is created for each DDO transaction reported in your Form 24G. Finally, the date refers to the last date of the month for which this Form 24G is filed. With this information, you can visit the online portal of TIN to view BIN details. Note that by selecting the right period of Form 24G, viewing your BIN is easy.
As mentioned, BIN and the specific TDS amount must be stated in the quarterly TDS statements, which a DDO usually files. The Pay and Accounts Office (PAO) verifies this information. In case of any mismatch, there will be no credit.
It is crucial to report the BIN accurately in TDS statements, and the number must match the corresponding amount in the TDS statement that a DDO files. You have to raise a request online to verify your BIN information. This helps initiate both BIN view login and verification.
FAQs on BIN View
How can one check the BIN verification status?
Once you access the BIN View page on the TIN portal, you must provide all essential details. Furthermore, it leads you to a new page providing BIN details for your chosen period.
If you get a message stating the amount matched, your BIN is valid. However, when the amount does not match, it indicates the status of your BIN as invalid.
How long can I request a BIN view access?
You can request it for a maximum period of 12 months.
Who generates BIN?
An Assessing Officer (AO) or the PAO generates the BIN.
Why is it required to include BIN in TDS statements?
BIN helps verify TDS claims, which are deposited through bank challans without making any payment.
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